Chapter 244 Power
Jobs' temporary resignation will definitely have a certain impact on Ye Dongqing. He is not sure whether the temporary CEO who will take office will continue to implement the company's development ideas, that is, to transition to the era of mobile intelligence, and develop a complete intelligent product ecosystem based on a closed operating system.
If Mr. Tim Cook came to power, he would be sure to convince the other party with his previous relationship with Ye Dongqing. In 1998, Cook joined Apple as senior vice president, in charge of computer development and sales. Since Jobs decided to recommend him, it must be because he thought Mr. Cook could do it well. As of now, it is more reliable. Anyway, it is much more reliable than the guy named Ron Johnson who may have suppressed Cook and was named Ron Johnson.
He is now Cook's deputy. He joined Apple in 2000 and started the idea of "Apple Retail Store" which to a certain extent promoted Apple's sales performance growth. Ye Dongqing once met him and was a relatively slick guy. So far, he still doesn't know how Ron gained the trust of the three shareholders and asked them to agree to him as interim CEO.
What should have happened here that Ye Dongqing didn't know. She originally thought that with Jobs' recommendation, it would be very smooth. After all, he controls two of the eight board members, and with Jobs, there are three, and Apple currently has only eight board members.
Sitting in the back row of Rolls-Royce, Ye Dongqing closed his eyes and couldn't help but speculate in the worst direction. Mr. Jobs may never return to Apple, and Mr. Cook did not get the position of chief operating officer. Ye Dongqing must ensure that when everything bad things happen, he still has influence on the CEO's decisions. In fact, he is already considering paying more costs and continuing to acquire Apple's stock at a premium, thereby achieving stronger influence.
Before Ye Dongqing entered the market, Apple's equity was very scattered, and the shareholding ratio exceeded 3% was considered a major shareholder. This situation changed after he appeared, and he obtained the right to nominate two boards. This was successfully realized after obtaining the help of Jobs. Apple has not had an example of a shareholder holding two board quotas for a long time. In fact, except for Ye Dongqing's two directors, other directors have little to do with shareholders.
He felt that those guys were mostly used to being comfortable, so he faced him. After all, he held more than 30% of Apple's shares, and had expressed his desire to let Mr. Cook take over the position of CEO through the two directors. However, three directors joined forces to support another qualified executive.
It was not big, but Ye Dongqing hated such a mess. She was in a very unhappy moment and was asking Jobs about the specific situation through her mobile phone and asked why Cook did not pass the board's temporary appointment in the morning.
Jobs said weakly: "To be honest, I don't know either. Just yesterday they privately expressed their support for Cook, but overnight, Bill, Ronald and James betrayed their promises. I thought the previous vote was just a formality, but I didn't expect that even Robert would not support me. I was working hard and prepared to talk to them in private."
Bill Campbell, Ye Dongqing once talked to this old man. He had a good relationship with Jobs. In 1997, when Jobs returned to Apple, he found him. His relationship was already very deep, especially when Jobs was sick, he shouldn't have played the opposite tune with him.
Thinking about what happened from last night to this morning, he told Mr. Jobs: "Okay, I'm on my way to Apple now, and I'll talk about this after meeting. It will take about ten minutes to arrive..."
The company system in the United States is relatively complete. In the modern corporate governance structure, the board of directors is the highest decision-making body of listed companies. Apple directors are nominated by the board of directors and approved by the shareholders' meeting. Whoever the director is has little to do with the shareholders, at least before Ye Dongqing appeared. Now he has too many shares in his hands to have the right to speak, which is one of the reasons why other members of the Apple board of directors surrendered and agreed to let him control the two seats.
Apple's board of directors has the right to nominate directors when the board of directors changes, which allows them to master a stable power transfer system and be able to nominate people they can trust.
As long as there is no division within the board of directors and no internal strife, then these people from the board of directors will always control Apple. At least for the past ten years, Apple, which did not have an actual controller at the time, obviously it is impossible for those individual shareholders and institutional investors with a total of more than one or two hundred individual shareholders and institutional investors to act together to clean up the board of directors.
Ye Dongqing has some signs of controlling shares, which is why he just wanted to continue to increase his holdings. Judging from the current situation, after being swept by Tamsui Investment Group and harvested a batch, the remaining top 20 major shareholders' shares were not as much as those controlled by Ye Dongqing.
The management power of the board of directors, rather than shareholders, has both advantages and disadvantages. Existence is reasonable, but the system that may be beneficial to other companies is not necessarily suitable for Ye Dongqing. He finally spent so much more money and spent so much effort to acquire this share. He did not want to have a guy he didn't know at all, and tossed it out casually, and then let the previous hard work was in vain. Compared to Amazon, he undoubtedly injected more expectations and more funds into Apple.
For companies like Apple, more than 30% of the shares are already very high, so high that Ye Dongqing feels that if she works hard, she can overturn Apple's current management system and start over. At worst, she can give dissatisfied board members a severance fee and let them get out.
Judging from the recent situation of Danshui Investment Group, FB and other companies, Ye Dongqing feels that she is capable of managing Apple well, and is at least the largest shareholder since the company was founded. It would be unreasonable to let the directors hired to ride on their heads.
Things were a bit tricky, but it wasn't enough to make him helpless. After coming to Apple, he did not hide his anger at all. The employees on the roadside could see that he was angry. What was this to express to those "successful directors". Some directors are also small shareholders and the shares awarded to them by the company. Ye Dongqing needs to let these people know who is the real boss...
Chapter completed!